The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for February 2022 showing for a second month in 2022 an industry reverting to pre-pandemic trends. The recent survey shows the total beer reading at 43 and “at-risk” inventory at 64, which analysts reported “stands out as one of the lowest over the past eight years.” Following a solid comparative reading in 2021, expect 2022 index readings to show signs of weakness, NBWA reports. A dramatic drop in the FMB/seltzer BPI continued, falling to 34 from 95 compared to the year prior. Readings for premium lights, regular premium, below premium and ciders also fell below 50 for the month. The craft segment broke above 50 to hit 51. The import segment was the only segment to report a significant expansionary index in February. BPI’s forward-looking indicator for distributors to measure expected beer demand reports greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.